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Milestone Roofing Limited

13406894

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 BEAUCHAMP COURT 10 VICTORS WAY, BARNET, EN5 5TZ
Incorporated 18/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43910
Roofing activities

Officers

Mr Stephen Eros Demetriou

director · Since 18/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 12 other boards

Mr Stylianos Xenofon Ioannou

director · Since 18/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 21 other boards

Mr Michael Edward Loizias

director · Since 18/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 8 other boards

Persons with Significant Control

Milestone Group Investments Limited

75–100% shares
75–100% votes
Appoint directors

3 Beauchamp Court, 10 Victors Way, Barnet, EN5 5TZ

Reg: 13179086 · Companies House · Limited

Notified 18/05/2021

CompanyRankvs 10698+ SIC 43910 peers
18

Financial strength3th percentile among SIC peers · 1/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£120k

Annual revenue

Net Worth

-£23k

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£54k

Bottom line earnings

Net Current Assets

-£11k

Working capital

Current Assets

£461k

Current Liabilities

£472k

Fixed Assets

£91

Debtors

£459k

Cost of Sales

£125k

Gross Profit

-£5k

Admin Expenses

£48k

Operating Profit

-£53k

Profit After Tax

-£53k

0avg. employees-9

Balance Sheet

Assets less current liabilities-£11k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£53k
20231.12+£7k
20211.04

Derived from filed accounts. Not audited figures.